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News



Tri-Valley Bank Announces The Appointment of David P. Greiner as President & Chief Executive Officer
October 22, 2008

Tri-Valley Bank Announces A New Performance Milestone
July 16, 2008

Tri-Valley Bank Announces Second Quarter 2008 Results
July 16, 2008

Tri-Valley Bank Announces 2007 Year End Earnings
January 18, 2008

Tri-Valley Bank Announces Third Quarter Results
October 17, 2007

Tri-Valley Bank - Profitable, Charitable and on the Move
September 14, 2007

Tri-Valley Announce Second Quarter Results
July 31, 2007

Tri-Valley Earns SBA Preferred Lender
June 13, 2007

Tri-Valley Announce First Quarter Earnings
April 17, 2007

Tri-Valley Bank Reports Annual Growth of 117%
February 15, 2007

“Tri-Valley Bank Reports YTD Growth of 112%"
October 31, 2006

“Tri-Valley thanks our sponsors for a successful JDRF Drive for a Cure”
October 15, 2006

"Future looks bright to business owners, cash flows stable”
East Bay Business Times
August 4, 2006

“Teed up: Golf Tournament looks to raise $50,000”
East Bay Business Times
July 28, 2006

“Tri-Valley Bank's loan portfolio withstands rising rates...”
East Bay Business Times
June 9, 2006

“Opportunity Knocks for Tri-Valley Bank”
Press Release
May 30, 2006

"Cashing in on community banks"
East Bay Business Times
September 23, 2005

"Tri-Valley Bank hits $18M jackpot"
East Bay Business Times
September 9, 2005

“Public Offering Oversubscribed”
Press Release
September 6, 2005

"Realizing a Dream"
East Bay Business Times
August 5, 2005

“Update: Banking”
East Bay Business Times
July, 29, 2005

“New Bank Organizing to Open in Livermore”
The Independent
July 28, 2005

“Tri-Valley Bank gets okay to sell stock, raise funds”
East Bay Business Times
May 27, 2005 

 

 

"OPPORTUNITY KNOCKS FOR TRI-VALLEY BANK"

Press Release, May 30, 2006

With the recent merger of First Republic Bank (NYSE: FRC) and Bank of Walnut Creek (NASDAQ: BWCF), first year Tri-Valley Bank (OTCBB:TRVB) may find opportunities to increase their customer base with the fallout of customers who traditionally leave when a large financial institution takes over a smaller one. President and CEO, Bill Nethercott was exuberant in suggesting "the timing is great, given our recent entry into the marketplace. We are poised to provide our exceptional products and services to businesses and individuals alike, who seek that personal relationship that only a community oriented bank can offer". While it is expected that First Republic and Bank of Walnut Creek will make every effort to comfort their clientele, there are inevitably areas of efficiency and employee discomfort which may impact the client relationships. "Tri-Valley Bank is dedicated to be "your" premier Community Bank" stated Nethercott. The client simply needs to be reminded that they do have a choice and changing banks shouldn't be a painstaking exercise. Nethercott conveyed that "we will go out of our way to leave you asking- Why didn't I bank with Tri-Valley Bank sooner?" Tri-Valley Bank's initial capital campaign was one of the most successful fundraising drives in the east bay regional history. Now, the bank is focusing on developing new relationships to further enhance their presence within the communities they serve. "Performance measures for the first eight months of operation support Tri-Valley Bank's impact on gaining market share, by following their business model and providing the services customers demand today", Nethercott related. Tri-Valley Bank is an active participant within the communities it serves, supporting local organizations and non-profits alike. The bank presently maintains two east bay locations, San Ramon and Livermore . To learn more, visit their website: http://www.trivalleybank.com/



 

"PUBLIC OFFERING OVERSUBSCRIBED"

Press Release
Contact: Bill Nethercott FOR IMMEDIATE RELEASE
President and Chief Executive Officer September 6, 2005

Public Offering Oversubscribed
Danville, CA September 6, 2005

After a successful and significantly oversubscribed Capital Campaign, which closed on August 19, 2005, Tri-Valley Bank (in organization) is preparing to open its doors to the public in Livermore and San Ramon by the end of the month.

With a minimum capital requirement of $13 million and an upper limit of $16.25 million, the soon to open Livermore and San Ramon based bank raised in excess of $18.5 million. The Bank did so without Institutional Investment, notwithstanding meaningful interest on the part of the Institutional sector. Furthermore, interest continued well beyond the official Capital Campaign closing, necessitating the return of additional prospective shareholder’s funds. “Indicative of the above, the stock offering for our proposed bank was well received in the Tri-Valley area, with an emphasis in the San Ramon and Livermore communities” stated William Nethercott, President and Chief Executive Officer. “The overwhelming success of the campaign was the result of a very active Board of Directors, local Organizers, Executive Management, staff and the community, which demonstrates the level of interest and need for a locally-owned and operated bank in the communities of Livermore and San Ramon.”

The bank is scheduled to open for business in late September. The San Ramon office will be anchored by several former and highly experienced community bankers including Margaret Lowell, VP - Construction Lender, Maria Catanzaro-Sahines, VP - Commercial Lender, Ryan Banta, VP - Commercial Lender and Maria Mabardy, VP – Private and Professional Lender. The Livermore office will be anchored by several former and highly experienced community bankers including Brian Kehoe, SVP – Commercial Lender, Charles Crohare, VP – Business Development Officer, Doreen Rosengarth, VP – Operations Manager and Jan Buranis, Service Manager.

Tri-Valley Bank (in organization) will offer Commercial, Construction, Commercial Real Estate and Professional Lending and Depository products, focusing on long-term relationships. An array of consumer related products, including, but not limited to, checking, savings, money market, certificate of deposits, equity lines of credit and on-line banking will also be offered. Commercial products and services will include cash management/on-line banking and courier. The bank will also service non-profit relationships, and its staff will be active in the communities it serves.


 

"NEW BANK ORGANIZING TO OPEN IN LIVERMORE"

The Independent, July 28, 2005

Livermore may soon have its own bank. A group of investors led by veteran banker and longtime Livermore resident Bill Nethercott was approved earlier this year by state bank regulators to sell stock and raise funds as part of its effort to open Tri-Valley Bank. The bank's organizers include retired attorney James C. Snell, a 67-year-old real estate portfolio manager and Fremont resident; David L. Beretta, co-owner of the real estate management firm Vintaco Inc. in Pleasanton and former Heritage Bank director; Roland Chow, a Safeway Inc. manager; Robert A. Dimino , an attorney and also a former director at Heritage Bank; and Daljit Hundal , an executive at franchise group CKE Restaurants Inc. According to Nethercott, plans are to have offices in Livermore and San Ramon. "Those two communities have not had their own banks since U.S. Bank purchased the local banks in 1997," said Nethercott. The goal is to raise over $16 million to finance the new bank. A minimum of $13 million is required to open. The requirement was imposed by the California Department of Finance. Nethercott told the Independent last week that about $12 million has been raised to date. There are 261 shareholders. It is anticipated the total will reach 325 to 350. "With four weeks to go, we're pretty confident of meeting the $12 million minimum." The bank's board of directors and executive officers have pledged to buy more than $2.2 million worth of stock or an estimated 215,000 shares. In addition, some 40 organizers have committed to buying a combined total of $3.5 million to $4 million in bank stock as soon as it is eligible for sale. Stock is priced at $10 per share with a minimum purchase of 1,000 shares. The Livermore office will open up in a space behind the Zephyr Grill. It will be a full service office. The target market will be commercial accounts. Plans are to provide such services as business lines of credit, commercial real estate loans, and corporate checking accounts. There will also be ATM/Debit facilities available, along with personal checking and savings account. Don't expect to see teller lines. Nethercott said business will be conducted at desks. "There will be a professional, personal feeling." Charles Crohare will manage the Livermore office.

San Ramon – Corporate Office

2410 San Ramon Valley Blvd.
Ste 115, San Ramon, CA 94583

925-791-4340

Livermore

1756 First Street
Livermore, CA 94550

925-791-4360

Hours

9:00 a.m. to 5:00 p.m.
Monday through Friday

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